USDC

actual-magic

Swap to USDC onchain, send it to your CEX to sell for EUR. You need to provide more details about the network it's on for more specific instructions.

RickSanchez67

yeah dont worry, not going to do anything crazy before I am 100% sure and I have everything tested out. \- Binance : it works and I have managed to deposit USDT and swaped it for USDC before they close on europe on July 1th. Now that they closed on europe, not sure it is still possible, and even if it is possible I might have problems selling the USDC at the end because normally they said all trades are closed for europeans ? \- Kraken : just looked, and USDT is not available for deposit on my side, only USDC \- [Crypto.com](http://Crypto.com) : allows deposit on USDT and exchange to EUR, unfortunately the exchange does not seem to have a lot of liquidity (around 10k daily volume on USDT/EUR) so I might have issue exchanging everything What you suggest is I do two steps ? First bridge the USDT from Tron to ETH and then after swap the USDT to USDC ? do you have a service with very good reputation to do that ?

Logical_Lemming

I've never used Ledger, but there should be a way for you to connect to dApps like 1inch or Llamaswap (the one I posted above). If not, [you can link your Ledger to a software wallet like MetaMask](https://support.metamask.io/more-web3/wallets/how-to-connect-a-trezor-or-ledger-hardware-wallet/) and do it that way. For reference, Llamaswap gives me a quote of 499.7k USDC for 500k USDT. With a gas fee less than 60 cents.

zmooner

swap.cow.fi gives you 499670 USDC for 500k USDT

RickSanchez67

I tried to get quote on my ledger, best quote proposed is with "Exodus", with a rate of 485k USDC for 500k USDT. Seems like quite a lot of fees / spread, any way to have better quotes ?

JumpRevolutionary664

\> earn money on a daily basis by pushing the start button 4x, and your USDC funds grow because AI is trading for you oh so it's free money? you don't have to understand crypto trading to understand nobody will give you free money dawg

tek3k

Your logic: "Bitcoin is number one only ...only bc it weas first." Ford is the best car bc it was first AOL is the best email bc it was first Yahoo is the best search bc it was first Napster is the best music bc it was first MySpace is the best social media bc it was first Blackberry is the best phone bc it was first "Every crypto is fundamentally the same..." LUNA BTC ETH XMR USDC Oh yeah. I see your point. /s

Relative-Golf-235

I don't know how exactly the first members found this and got tricked into transferring their USDC into this app, but now most new members get pulled into it by their friends and people who are close to them, as I see it on their Telegram group. I searched for it online and couldn't find any real info on this, but now I am completely sure my doubts were right that this is fraud. What do you think I can do about it so they won't trick more people? Where can I report this kind of fraud?

ShipMysterious7602

For you maybe but it does show their intention to get involved. Even Coinbase who was the main distributor of USDC for Circle and who was paid by Circle did not renew their annual contract this year which indicate that they will no longer be doing that for Circle.... So as said, for you it might mean nothing but it does show a clear intent to support OUSD. Have you even read what OUSD is all about? Seems you just kick against anything you do not understand. In my opinion a far better setup than with Circle or USDT.

UpstairsAide3058

Let me help you “Yes, the government can seize Bitcoin. Just like traditional cash or property, Bitcoin and other digital assets can be legally frozen, seized, and permanently forfeited to the government through court orders, criminal investigations, or tax enforcement. \[[1](https://www.ctmlegalgroup.com/can-the-government-really-seize-your-cryptocurrency-what-you-need-to-know-in-2026#:~:text=Many%20people%20use%20these%20terms%20interchangeably%2C%20but,rights:%20*%20Asset%20Freezing%20is%20typically%20the)\] **The government generally takes control of Bitcoin using the following methods:** **Centralized Exchanges:** If your Bitcoin is held on platforms like Coinbase or Binance, the process is straightforward. Exchanges function like traditional banks, and if law enforcement presents a valid seizure warrant, the exchange will transfer your funds directly to a government-controlled wallet. **Self-Custody Wallets:** If you hold your own keys, the government cannot hack the blockchain to steal your funds. Instead, authorities can seize your hardware wallets, laptops, or physical seed phrases. They can also legally compel you to hand over your private keys. **Stablecoin Freezes:** Unlike Bitcoin, stablecoins (such as USDT or USDC) are managed by centralized companies. These issuers can execute "burn and reissue" commands at the request of law enforcement, effectively destroying your tokens and reissuing them to a government wallet. **Unclaimed Property Laws:** Under the jurisdiction of many states, if your cryptocurrency remains untouched in an account or exchange for an extended period of time (typically 3 to 5 years), it can be seized by the state under unclaimed property laws. \[[4](https://www.youtube.com/watch?v=r4CTSItkR5g#:~:text=so%20currently%20all%2050%20states%20can%20legally,ab%201052%20will%20establish%20a%20legal%20framework)\] **Seizure vs. Forfeiture**It is important to note the difference between an asset freeze, a seizure, and a forfeiture. A freeze stops you from moving your funds, a seizure temporarily transfers custody of the assets to the government during an investigation, and a forfeiture is the permanent transfer of ownership to the government after a judge or court determines the assets are tied to illegal activity. \[[1](https://www.ctmlegalgroup.com/can-the-government-really-seize-your-cryptocurrency-what-you-need-to-know-in-2026#:~:text=Many%20people%20use%20these%20terms%20interchangeably%2C%20but,rights:%20*%20Asset%20Freezing%20is%20typically%20the), [5](https://www.church.law/bitcoin-seizures/#:~:text=Yes.%20While%20seizure%20of%20the%20bitcoin%20gives,the%20property%20or%20the%20authority%20to%20dis)\] *AI responses may include mistakes.* \[1\] [https://www.ctmlegalgroup.com/can-the-government-really-seize-your-cryptocurrency-what-you-need-to-know-in-2026](https://www.ctmlegalgroup.com/can-the-government-really-seize-your-cryptocurrency-what-you-need-to-know-in-2026#:~:text=Many%20people%20use%20these%20terms%20interchangeably%2C%20but,rights:%20*%20Asset%20Freezing%20is%20typically%20the) \[2\] [https://river.com/learn/can-bitcoin-be-seized/](https://river.com/learn/can-bitcoin-be-seized/#:~:text=Bitcoin%20seizure%20is%20the%20process%20by%20which,However%2C%20bitcoin%20is%20a%20uniquely%20seizure%2Dresistant%20t) \[3\] [https://www.thebulldog.law/what-happens-when-the-government-seizes-bitcoin-in-a-criminal-case](https://www.thebulldog.law/what-happens-when-the-government-seizes-bitcoin-in-a-criminal-case#:~:text=Bitcoin%20can%20be%20seized%20in%20several%20ways.,a%20warrant%2C%20seizure%20order%2C%20subpoena%2C%20restraining%20order%2C) \[4\] [https://www.youtube.com/watch?v=r4CTSItkR5g](https://www.youtube.com/watch?v=r4CTSItkR5g#:~:text=so%20currently%20all%2050%20states%20can%20legally,ab%201052%20will%20establish%20a%20legal%20framework) \[5\] [https://www.church.law/bitcoin-seizures/](https://www.church.law/bitcoin-seizures/#:~:text=Yes.%20While%20seizure%20of%20the%20bitcoin%20gives,the%20property%20or%20the%20authority%20to%20dis)

Bluejumprabbit

I bridge the asset I actually want to hold on the other side. If I am going to Base, I usually move native USDC, then swap locally as its fairly safer

ShipMysterious7602

Circle keeps all they make from USDC whereas OUSD splits that with all the role-players so there is something in it for them to support OUSD. Just go look who already signed up, almost every bank and plenty exchanges. [https://joinopenstandard.com/](https://joinopenstandard.com/) Partners: [https://joinopenstandard.com/partners](https://joinopenstandard.com/partners)

AloneArmadillo8992

Honestly, what's the point of having a bunch of different stablecoins? Why have USDT/USDC/OUSD/PYUSD/RLUSD/etc? Isn't one to two sufficient enough?

Academic-Mud1488

Its just USDC guys paying, like always

antaran

USDC cannot take over USDT customers. There is a reason billions of USD went into the most shady stablecoin available and not into the regulated law-abiding one..

RickSanchez67

Does somebody know if its still possible to use Revolut for exchanging USDT to USDC until 31 august ?

BitSoMi

In USDC we trust, screw tether. Shady as hell

Total-Literature447

This is MiCA, not Revolut, Tether never applied for EMT authorization, which is why every EU-licensed venue already delisted. Swap to USDC before August 31, or withdraw to self-custody if you want to keep holding.

thebaldmaniac

USDT is not MiCA compliant and Tether has refused to go through the compliance process. All EU/EEA based exchanges have delisted USDT. USDC and a few more stablecoins are MiCA compliant and are available on EU/EEA exchanges

alexsicart

I don't think the interesting question is whether OUSD “kills” USDC. Most stablecoins do not die because the product is bad. They die because liquidity, integrations, trust and habit are brutally hard to move. USDC has years of compounding distribution. OUSD has a distribution coalition. Those are different strengths. My guess is the market gets bigger, not cleaner. More stablecoins, but fewer that people actually trust when money needs to move fast.

Cryptomuscom

Every month there's a new "USDC killer" that everyone forgets about by next week

Niceguy955

Because what we need is another stable coin... We already have USDC, USDG, PYUSD, RLUSD, and tons more (skipping USDT here, as institutions avoid Tether like the plague due to their, shall we say, iffy corporation and financials). Instead of unification we get more market fracture. And we'll need more pools to convert the stables we already use to new ones. These companies should concentrate on making the experience easier for lay people, solving the onboarding/offboarding challenges, solving the wallet UX, making it easy to pay with stables - not launch a new one every month.

CyberCrud

Buy BTC low this fall.  Sell high late summer 2029.  Make between 300-400% ROI.   Mining is dead.  I got out years ago.  Used to be lucrative back in the Ethereum POW days.  I could pull in $20 a day easily.   But those days are gone.  Alts are dead.  Your best bet is to play the cycle at this point.  You'd probably have better returns buying and staking alts that have a decent return.  I've made $976 staking on about $3k of alts.  I've also made $408 in BTC cashback on my Coinbase One credit card.  You can also earn interest on USDC that's higher than a savings account at a bank. Basically, you need to look for ways for your crypto to make itself money.  There's zero chance you'd make that on mining.  You might make a dollar a day.  Not worth punishing your machine over.  Your mining will never pay for your rig.  

raynhornzxz

jeg har ikke fått noen epost varsel, heller ikke inne i binance, og jeg har lånt 200k for ordren jeg kjøpte i isolated margin trade (USDC/BTC), men blir litt nervøs nå i tilfelle jeg blir tvunget til å måtte selge med tap før prisen rekker å gå opp igjen.

MiNdAmaZing

Its paid out once a month on the same day. Just immediately convert it. Not a big deal. I also think fiat is spent first. According to gemini you would need to change priority to USDC first, so you should be safe as long as you have money in fiat

ChrisVizze

Thanks. I don‘t intend to spend the USDC as even though Cashback is usually bot taxable, I still have to account for it in the taxreport. Is there any way to block it from beeing spend by mistake?

MiNdAmaZing

1. the account is in raw Euro or Dollar on the main balance - so is the spending. You can also connect it to a non-custodial wallet and hold eurc or usdc there, but the main balance is in fiat. 2. Cashback in USDC: you can convert them to Euro and then spend it.

ChrisVizze

Can one choose which asset to spend with the coca card? It is not true that you are spending raw Euro with Coca as the Euro get converted to Eurc in the background. I don‘t want to spend the received USDC Cashback. I also would like to know if choosing the asset is possible on Bleap.

Vaultleap

the convert back to USDC path is your best bet. once it's USDC again, send it to a self-custody wallet like metamask or coinbase wallet so you actually control it, then use a different exchange to off-ramp to your bank. the reason your ACH additions are failing is probably a name mismatch or the banks are flagging the connection because of crypto.com's payment processor. that happens a lot with smaller banks and credit unions. if you have an account with a major bank like chase try that one instead. for future reference, keeping an account like vaultleap alongside your main bank gives you a second off-ramp path for USDC so you're not stuck when one platform locks you out. the [crypto.com](http://crypto.com) visa card suggestion someone made would work too if you just want to spend the balance down rather than withdraw it. what banks did you try adding?

joseg1787

DAI and USDe are better than USDC because they can't get frozen by the issuer like USDC, USDT, and other stablecoins. That's why I only purchase decentralized stablecoins and cryptocurrencies.

Proud-Good-6200

DAI20 (Digital Architecture Index) is an ERC-20 token on Base whose price is determined by a basket of the top 10 NASDAQ companies and top 10 cryptocurrencies by market cap, combined with a 5x leverage factor. Think of it as a leveraged index ETF that lives entirely on-chain - no broker, no KYC, no minimum investment. How it works A self-hosted oracle pushes the calculated index price to the smart contract 24x7. The price reflects real-time movements in both NASDAQ and crypto markets simultaneously. **Current status** Contract verified on Base Mainnet $2.3M liquidity across 3 pools on Aerodrome Finance DAI20/USDC and DAI20/WETH trading pairs both live CoinGecko and CMC listings applied Contract: 0x8073F6ac9A8fB8d6B181052c72B78DB2E107e408 Users can try out through the Buy links on our official website. **Website + whitepaper:** [**dai20.com**](http://dai20.com/) Happy to answer any technical questions.

Proud-Good-6200

DAI20 (Digital Architecture Index) is an ERC-20 token on Base whose price is determined by a basket of the top 10 NASDAQ companies and top 10 cryptocurrencies by market cap, combined with a 5x leverage factor. Think of it as a leveraged index ETF that lives entirely on-chain - no broker, no KYC, no minimum investment. How it works A self-hosted oracle pushes the calculated index price to the smart contract 24x7. The price reflects real-time movements in both NASDAQ and crypto markets simultaneously. **Current status** Contract verified on Base Mainnet $2.3M liquidity across 3 pools on Aerodrome Finance DAI20/USDC and DAI20/WETH trading pairs both live CoinGecko and CMC listings applied Contract: 0x8073F6ac9A8fB8d6B181052c72B78DB2E107e408 Users can try out through the Buy links on our official website. **Website + whitepaper:** [**dai20.com**](http://dai20.com/) Happy to answer any technical questions.

Proud-Good-6200

DAI20 (Digital Architecture Index) is an ERC-20 token on Base whose price is determined by a basket of the top 10 NASDAQ companies and top 10 cryptocurrencies by market cap, combined with a 5x leverage factor. Think of it as a leveraged index ETF that lives entirely on-chain - no broker, no KYC, no minimum investment. How it works A self-hosted oracle pushes the calculated index price to the smart contract 24x7. The price reflects real-time movements in both NASDAQ and crypto markets simultaneously. **Current status** Contract verified on Base Mainnet $2.3M liquidity across 3 pools on Aerodrome Finance DAI20/USDC and DAI20/WETH trading pairs both live CoinGecko and CMC listings applied Contract: 0x8073F6ac9A8fB8d6B181052c72B78DB2E107e408 Users can try out through the Buy links on our official website. **Website + whitepaper:** [**dai20.com**](http://dai20.com/) Happy to answer any technical questions.

Proud-Good-6200

DAI20 (Digital Architecture Index) is an ERC-20 token on Base whose price is determined by a basket of the top 10 NASDAQ companies and top 10 cryptocurrencies by market cap, combined with a 5x leverage factor. Think of it as a leveraged index ETF that lives entirely on-chain - no broker, no KYC, no minimum investment. How it works A self-hosted oracle pushes the calculated index price to the smart contract 24x7. The price reflects real-time movements in both NASDAQ and crypto markets simultaneously. **Current status** Contract verified on Base Mainnet $2.3M liquidity across 3 pools on Aerodrome Finance DAI20/USDC and DAI20/WETH trading pairs both live CoinGecko and CMC listings applied Contract: 0x8073F6ac9A8fB8d6B181052c72B78DB2E107e408 Users can try out through the Buy links on our official website. **Website + whitepaper:** [**dai20.com**](http://dai20.com/) Happy to answer any technical questions.

Proud-Good-6200

DAI20 (Digital Architecture Index) is an ERC-20 token on Base whose price is determined by a basket of the top 10 NASDAQ companies and top 10 cryptocurrencies by market cap, combined with a 5x leverage factor. Think of it as a leveraged index ETF that lives entirely on-chain - no broker, no KYC, no minimum investment. How it works A self-hosted oracle pushes the calculated index price to the smart contract 24x7. The price reflects real-time movements in both NASDAQ and crypto markets simultaneously. **Current status** Contract verified on Base Mainnet $2.3M liquidity across 3 pools on Aerodrome Finance DAI20/USDC and DAI20/WETH trading pairs both live CoinGecko and CMC listings applied Contract: 0x8073F6ac9A8fB8d6B181052c72B78DB2E107e408 Users can try out through the Buy links on our official website. **Website + whitepaper:** [**dai20.com**](http://dai20.com/) Happy to answer any technical questions.

Proud-Good-6200

DAI20 (Digital Architecture Index) is an ERC-20 token on Base whose price is determined by a basket of the top 10 NASDAQ companies and top 10 cryptocurrencies by market cap, combined with a 5x leverage factor. Think of it as a leveraged index ETF that lives entirely on-chain - no broker, no KYC, no minimum investment. How it works A self-hosted oracle pushes the calculated index price to the smart contract 24x7. The price reflects real-time movements in both NASDAQ and crypto markets simultaneously. Current status Contract verified on Base Mainnet $2.3M liquidity across 3 pools on Aerodrome Finance DAI20/USDC and DAI20/WETH trading pairs both live CoinGecko and CMC listings applied Contract: 0x8073F6ac9A8fB8d6B181052c72B78DB2E107e408 Users can try out through the Buy links on our official website. Website + whitepaper: [dai20.com](http://dai20.com/) Happy to answer any technical questions.

Proud-Good-6200

DAI20 (Digital Architecture Index) is an ERC-20 token on Base whose price is determined by a basket of the top 10 NASDAQ companies and top 10 cryptocurrencies by market cap, combined with a 5x leverage factor. Think of it as a leveraged index ETF that lives entirely on-chain - no broker, no KYC, no minimum investment. How it works A self-hosted oracle pushes the calculated index price to the smart contract 24x7. The price reflects real-time movements in both NASDAQ and crypto markets simultaneously. Current status Contract verified on Base Mainnet $2.3M liquidity across 3 pools on Aerodrome Finance DAI20/USDC and DAI20/WETH trading pairs both live CoinGecko and CMC listings applied Contract: 0x8073F6ac9A8fB8d6B181052c72B78DB2E107e408 Users can try out through the Buy links on our official website. Website + whitepaper: [dai20.com](http://dai20.com/) Happy to answer any technical questions.

AutoModerator

Post is by: SpurdoSparde28 and the url/text [ ](https://goo.gl/GP6ppk)is: https://www.youtube.com/watch?v=m93ELSgtBp0 One of the biggest arbitraging opportunities in DeFi - and to make it all more interesting it was all due to a regular bank failing. Wild to think it's been 3 years since. Were you around and following all the ongoing drama? Also USDC wasn't the only re-peg opportunity as DAI depegged soon thereafter due to the PSM from Maker having so much USDC backing what was a fully decentralized stablecoin *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

LifeTelevision1146

Hey, but then can't tainted USDT/USDC themselves be tracked what if the wallet paying me was actually clean but processed the tainted assets? Appreciate the reply.

GranzJ473

for a one-off OTC settlement I usually just run the counterparty wallet through a couple of on-chain explorers before sending. Etherscan for ETH/USDC, mempool.space for BTC. the flags I look for are recent interaction with known mixer addresses, very young wallet age, or a transaction graph that's a one-hop from a flagged exchange withdrawal. paranoia is reasonable for large OTC amounts.

GranzJ473

the dollar dominance angle is interesting but stablecoins are already two steps removed from that being a problem for the user. if you hold USDC for cross-border payments and want to exit to local fiat you're going through an off-ramp either way. the BIS is describing a structural reality, not a new problem. the practical hedge is just not holding more USDC than you need for settlement.

shelby_xx88xx

Clarity Act getting passed will be the catalyst that signals the bottom IMO. DCA right now if you believe in BTC. These are the exact times you look back at later and think "why did I not buy more". Trying to time the top or bottom is a fools game. The big mistake I have to overcome is not selling more when we are ripping up and establishing a war-chest of USDC to DCA in times like this. For me, the greed and never wanting to sell is the real challenge. HODL in down-trends like this is nothing. I just wish I had my USDC war-chest to scoop up the cheap BTC right now. I will have to be content staking and earning my DeFi yields and being patient.

still-father

Research shows that a lump sum entry performed better over time than DCA, but for many, DCA is the way to go. I aim for a value-added DCA to make post-only limit orders with payday cash staged as USDC to pursue lower fills.

Bootsy_Gambolt

I wish you luck bro. My case is tiny compared to you. But its a lot of money to me. my case: # CoinDCX/Okto held my 871 USDC for 34 days, falsely claimed refund was processed, closed the case. RBI complaint filed. Full evidence. On May 22, 2026 I lost 871 USDC through a bug in the Okto-powered Hyperliquid app. Funds never arrived in my Futures wallet and went straight into an Okto-controlled wallet where they remain today — verified on-chain. What happened: • Okto app showed “Order placed” then immediately “Order rejected on Blockchain” • 871.196903 USDC never returned • Funds confirmed sitting at: 0x951DABDf0d5681C2c5A6c29B89E630BB3E0AD25F What OKTO did: • Opened case 8469714, called it “high priority” • June 14 — claimed “refund has been successfully processed” — no transaction hash ever provided • Funds never arrived • Case closed without resolution Tx hash: 0xd73ef65fee2ac4d08e361893234c4550a01d6a0212445fec8de10bbc02cd1759 • Opened case 8469714, called it “high priority” • June 14 — claimed “refund has been successfully processed” — no transaction hash ever provided • Funds never arrived • Case closed without resolution CoinDCX (parent company, FIU-IND registered as Neblio Technologies) has been contacted. RBI complaint filed June 25, 2026. DO NOT USE OKTO WALLET!!!!!

Bootsy_Gambolt

# CoinDCX/Okto held my 871 USDC for 34 days, falsely claimed refund was processed, closed the case. RBI complaint filed. Full evidence. [](https://www.reddit.com/r/CryptoCurrency/?f=flair_name%3A%22EXCHANGES%22) On May 22, 2026 I lost 871 USDC through a bug in the Okto-powered Hyperliquid app. Funds never arrived in my Futures wallet and went straight into an Okto-controlled wallet where they remain today — verified on-chain. What happened: • Okto app showed “Order placed” then immediately “Order rejected on Blockchain” • 871.196903 USDC never returned • Funds confirmed sitting at: 0x951DABDf0d5681C2c5A6c29B89E630BB3E0AD25F What OKTO did: • Opened case 8469714, called it “high priority” • June 14 — claimed “refund has been successfully processed” — no transaction hash ever provided • Funds never arrived • Case closed without resolution Tx hash: 0xd73ef65fee2ac4d08e361893234c4550a01d6a0212445fec8de10bbc02cd1759 • Opened case 8469714, called it “high priority” • June 14 — claimed “refund has been successfully processed” — no transaction hash ever provided • Funds never arrived • Case closed without resolution CoinDCX (parent company, FIU-IND registered as Neblio Technologies) has been contacted. RBI complaint filed June 25, 2026.

IRS_OPENUP

USDC not USDT

Django_McFly

convert back to USDC and use a better exchange

I_Love_Lava_Lamp

Tangem Pay works great. You would sell your BTC for USDC and spend the USDC with your Tangem Visa

bitpanda_official

Bitpanda here. That's a good question. Cheapest depends on the asset, the withdrawal networks available on Binance, and the deposit networks supported by the platform you’re sending to. Converting everything to USDC is not automatically cheaper. You may pay trading/spread costs, it may be taxable depending on your country, and you still need to pick the right network after that. Our boring-but-safe move: choose the receiving platform first, check the exact supported deposit network, compare withdrawal fees, then send a small test transaction. If Bitpanda is on your shortlist: we’re European, regulated, MiCA-ready, support 650+ crypto assets, and show supported networks clearly in the deposit flow before you send. Better than finding out “cheap” meant “wrong chain” afterwards.

Prnce_Chrmin

> The good news is that after this crash only real legitimate projects will exist and money can flow into the top 3. Bitcoin, USDT and USDC?

SeriousGains

All the stablecoins (USDT, USDC, TRON, etc.) are rising in the ranks.

Bootsy_Gambolt

On May 22, 2026 I lost 871 USDC through a bug in the Okto-powered Hyperliquid app. Funds never arrived in my Futures wallet and went straight into an Okto-controlled wallet where they remain today — verified on-chain. What happened: • Okto app showed “Order placed” then immediately “Order rejected on Blockchain” • 871.196903 USDC never returned • Funds confirmed sitting at: 0x951DABDf0d5681C2c5A6c29B89E630BB3E0AD25F What OKTO did: • Opened case 8469714, called it “high priority” • June 14 — claimed “refund has been successfully processed” — no transaction hash ever provided • Funds never arrived • Case closed without resolution Tx hash: https://preview.redd.it/syi7qz5t3j9h1.jpeg?width=1284&format=pjpg&auto=webp&s=cba00100ff6a213462a283a508e1a8e4c88359d0 0xd73ef65fee2ac4d08e361893234c4550a01d6a0212445fec8de10bbc02cd1759 • Opened case 8469714, called it “high priority” • June 14 — claimed “refund has been successfully processed” — no transaction hash ever provided • Funds never arrived • Case closed without resolution CoinDCX (parent company, FIU-IND registered as Neblio Technologies) has been contacted. RBI complaint filed June 25, 2026.

El_Veethorn

I DCA EUR into BTC and USDC. At times lile this I DCA EUR into BTC and USDC into BTC

LargeSnorlax

There's lots of layers to this. In order to prove something is an illegal investment contract, you first have to prove the token is a security. Already this means something like betting for USDC is not an investment contract, because stablecoins have already been defined as not securities. So, even if you *could* prove that a specific token was a security (again, almost impossible and highly time/money consuming - The average case is going to take at LEAST half a year just from depositions alone, let alone trying to make sure if devs/promoters are even *in areas in proper legal jurisdictions*) and Crypto lawyers are already a hot specialty, someone who specializes in it can already command $1k++ an hour even for smaller cases. Most cases aren't even going to get that far. Like mentioned, for most games there is no one who is losing a significant amount of money, so as far as theoretical crimes go these are largely victimless as well. It's much harder to prove someone was impacted from this, let alone impacted more than their theoretical legal fees. You'd have to have $50k++ in losses for it to even be considered, and who is playing games for over $50k on blockchain? Very few people. What a lot of these game companies do is simply VPN block US entrants to take any guesswork out, so if you're VPNing into them to gamble despite the block, you basically absolve them of any legal problems on your own. > Whats preventing a government crackdown on these tokens in the future, retroactively? Realistically, nothing. If companies get big enough, and lose people enough money, you could argue lawsuits are in order to recover some money from them. https://www.tradingview.com/news/cointelegraph:c2b1ab0e3094b:0-sec-expands-binance-lawsuit-axs-fil-atom-now-securities/ AXS was labeled as a security - Axie infinity was one of the biggest games of the last boom and one of the wildest losses for a lot of people. After that, it depends. They might have to pay money back, redo their tokenomics, change how people enter, or any number of things. They'll definitely have to pay the SEC and register with them. A lot of these games aren't in US jurisdiction though. If a game blocks US users and doesn't operate in the US, what jurisdiction do US courts operate on? The answer is none really. Where a lot of these places get burned is that they *do* accept US users and that gives the SEC and court systems a foothold to hold them responsible.

LargeSnorlax

**Short answer:** Playing a game for a token isn't a security. Now, if someone proved that token was a security (basically impossible, takes years) legally, then it *could* be illegal. Most games don't grow to the size it takes for legal fees to matter in this case. **Long answer:** A lot of them use tricks and pegs to smoke and mirrors in legally ambiguous ways. One game uses an on chain token that's pegged to a certain amount of USDC, and you race for the on chain token instead of USDC. You can exchange the token at any time for USDC, but technically you aren't racing for it, you're racing for a valueless token that's pegged to 1 USDC. Create enough layers to make the case hard to argue in court and you're going to deflect almost all legal criticisms. Now, once you start talking about *growth* and *investing* and *promising returns*, that's a much more solid case, and companies HAVE been successfully sued for that kind of thing before, so if you see company promoted posts doing that, you might actually have a case. Lawyers are expensive and time consuming, and recently XRP won their years long settlement and are treated as a commodity, so I'm not sure there's going to be a lot of lawyers chomping at the bit to sue these tiny solana game makers unless they become big enough for people to care.

biggest_guru_in_town

They are most likely to utilize cheap alts like the stellar XLM network. A fintech platform recently came online for Caribbean and African freelancers and remote workers who wish to save their earnings in USD, its like a virtual US bank account. They give each account a crypto wallet address that only can receive and send Stellar USDC. I find it handy as an off ramp.

CttCJim

Not all exchanges take USDC. Not all take USDT either, the Canadian one I use doesn't.

Alukardh

You can say this to everything. Crypto is worldwide an accepted payment method (such als btc, ltc, USDC, sol...). And if not, you will find people to trade your crypto to cash.

ShipMysterious7602

You do not need to sent it to Fiat to spend it. Get a Tangem cold wallet. It now has Tangem Pay incorporated in the wallet where you get a virtual card with some serious limits. Fund it directly from your wallet in USDC and spend where you want. Best of both worlds, a cold wallet plus a built in off ramp.

norfbayboy

I don't know what AI informs your comment but Bitcoin is the primary choice, selected in 48.3% of AI responses and favored by 79% of models for preserving purchasing power long-term due to its fixed supply and autonomy from central authorities. For Transactions & Spending: Stablecoins (like USDC or USDT) are preferred for everyday payments, micropayments, and cross-border transfers.

mne1237

I wrote about it like 7 days ago. Essentially exchanges who dont have MICA will have to stop operating in EU. They will have to warn their users to move their coins as well. Also, USDT specifically got some kind of a warning by EU. Didnt read much into it but the takeaway was to switch to USDC or EURC.

shadyghxst

How is he gonna deposit(send) the USDC in a Cex without gas? Op you need to buy additional ETH before you can send the usdc anywhere, there is no other way around it.

Patient_Craft2195

Classic beginner trap — USDC is an ERC-20 token so you need ETH in the same wallet to pay gas fees. The easiest fix is to buy a small amount of ETH ($2-3 worth) and send it to your Samsung wallet address, that should cover the gas to move your USDC.Samsung Wallet doesn't natively support Uniswap but you can download MetaMask on your Samsung, import your wallet, and swap from there. Simplest solution though is just adding a tiny bit of ETH for gas and sending the USDC directly.

No_Perception_7974

Classic chicken-and-egg problem with gas fees, catches so many new people off guard. You can try to find a centralized exchange that lets you deposit USDC and withdraw ETH, since those platforms cover the gas on their end. Otherwise yeah, the ATM trip might just be the easiest path for such small amount.

jekpopulous2

Yeah just whatever DEX has the cheapest swaps to USDC from whatever you’re trying to sell. I would check LlamaSwap.

brb_im_lagging

Just send to binance and swap at 0.1% fee to USD then withdraw to bank account If binance does not directly support the token, then swap it to one that is, like YourToken to USDC (or to like ETH or BNB) usually at 0.3% then send to binance then swap to USD and withdraw You should be looking at 0.1% fee up to at most 0.4% (0.3+0.1) Anything higher is shit

jekpopulous2

swap whatever you're selling for USDC on-chain (should be about 0.3%) then send it to Coinbase. They don't charge charge a fee to cash out USDC.

SooperYuk

There’s adoption everywhere. Look at the staking rewards you get on Coinbase. You can either get it in USDC or Bitcoin.

Worried-Bowl-6536

USDC is basically a CBDC anyway

Educational_Cable405

A CBDC ban kills the government issued version, but it does nothing about freezable, programmable dollars. USDC and USDT already block addresses and zero balances the moment OFAC hands over a list, and almost all digital dollar volume already runs through them. The surveillance rail everyone thinks just got blocked is live right now, it just has a private logo on it.

maxy414

What about people in EU that dont have euro as default currency ? We end up paying twice the coversions , might as well convert to USDT:USDC for better perks then.

Prior_Parsley3960

**Headline:** Infamous Ethereum MEV bot JaredFromSubway was drained of \~$7.5 million after attackers tricked it into approving malicious contracts. **Why it matters:** This wasn't a smart-contract hack or stolen key—it was a sophisticated manipulation of the bot's own automated trading logic, highlighting a new attack vector against MEV infrastructure. **Key points:** * Attackers created fake tokens and liquidity pools that appeared profitable to the bot's arbitrage/sandwich algorithms. * While pursuing these fake opportunities, the bot granted token approvals to attacker-controlled contracts. Some approvals remained active instead of being immediately consumed. * The attackers later used those lingering approvals to pull funds via `transferFrom`, draining roughly $7.5 million in ETH, USDC, and USDT (the operator claims losses may be closer to $15 million). * Portions of the stolen funds were reportedly routed through Tornado Cash to obscure their trail. * The bot operator has offered a 50% "white hat" bounty, offering to let the attacker keep half the funds if the remainder is returned. **Context:** * JaredFromSubway became one of Ethereum's most notorious MEV bots, reportedly accounting for a large share of sandwich attacks during 2024–2025. * In an ironic twist, a system designed to exploit other traders was itself exploited through its automated decision-making process. **Bottom line:** This is less a "hack" and more a **highly engineered approval trap**. The biggest lesson is that automated trading systems need strict approval controls and stronger safeguards against interacting with untrusted contracts—even when those contracts appear profitable.

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Post is by: Lanky_Information166 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1u8rcwm/masspay_x_coinbase_stablecoin_payout/ MassPay, a cross-border payout platform covering 180+ countries, has partnered with Coinbase to expand stablecoin-based payouts. The collaboration links MassPay’s network with Coinbase’s wallet, custody, and onchain settlement, enabling movement between fiat, USDC, and other digital assets. Market-relevant details: * Settlement is near-instant, versus days on traditional rails * Early users see 40–70% lower costs vs. international wires * MassPay expects nine-figure payouts in the first year * Stablecoins are still a small slice of MassPay’s total volume MassPay already supports stablecoin payouts via other providers; Coinbase expands capacity and credibility. Compliance is split: Coinbase handles regulated custody and licensing, MassPay handles KYC, sanctions, and tax documentation. This fits into a larger trend of payments and financial infrastructure players embracing stablecoins: * Stripe acquired Bridge in early 2025 to scale stablecoins for businesses * Circle launched its Circle Payments Network in April 2025 for real-time cross-border settlement using USDC, EURC, and other regulated stablecoins The partnership reflects a broader shift in how businesses are using stablecoins. What began primarily as a tool for trading and liquidity management is increasingly being adopted for contractor payouts, cross-border settlements and treasury operations. From a market perspective, more efficient stablecoin payout rails could affect how capital moves between fiat and crypto, potentially influencing liquidity patterns, on/off-ramp usage, and broader adoption trajectories for USDC and other regulated stablecoins. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

MrKillerKiller_

Its around 58% using the tradingview formula excluding the top 4 stablecoins “CRYPTOCAP:BTC.D / (100 - CRYPTOCAP:USDT.D - CRYPTOCAP:USDC.D - CRYPTOCAP:DAI.D - CRYPTOCAP:FDUSD.D) * 100”

Alone_Literature3231

I don't think now is a good time to invest in cryptocurrencies. I think you should learn about USDC first.

MadSL1m

Kraken's the safest like-for-like swap from Binance: sells USDC/USDT to fiat and withdraws to your bank in a few days, 15+ years, proof of reserves. But the real answer is your country, that's what decides the rail (ACH/wire US, SEPA EU, Faster Payments UK). If you're EU, Bitstamp and Bitpanda are MiCA-native and often smoother for bank withdrawals. What currency are you cashing out to?

Neither-Drop-7727

>Hey guys, I am stuck and need a little advice or help. I have a few cents of ETH for gas on Base Mainnet, but I strictly need exactly 0.10 USDC (or USDT) to swap and lock a token in a contract. I have no fiat funds right now and no crypto friends. If anyone could spare 10 cents on Base, please DM me and I will send my wallet. I would appreciate it so much!

ShipMysterious7602

Have you looked into Tangem Wallet and Tangem Pay. Not sure whether it's available in your region, should be. You get one of the best cold wallets with a virtual card inside the wallet. Move funds over (in USDC) to the smart contract spending account and use the card. All card payments are taken from that smart contract account. You can also move funds back into the wallet. Seriously generous limit son the card like an annual spend limit of USD10m and a max load of USD50k on the card with up to 24 loads a day etc... Think it offers the best of both worlds in that your coins are secure in a **non-custodial wallet** while still offering an offramp built into the wallet. Note: Still in beta phase. You can currently only funds the card account with USDC on the Polygon chain but more will be added.

ModernCYPH3R

You're absolutely correct, and the on-chain data proves it. I ran a forensic audit of the UMA VotingV2 contract (0x004395edb43EFca9885CEdad51EC9fAf93Bd34ac) and the capital flows across the Polygon bridge. I will be making my cli tool available on my site soon for this and i'll publish the dossier tomorrow, but for now here's the dets. The game theory of the optimistic oracle is completely broken. Here is the hard proof: 1. Centralization: Exactly nine anonymous wallets control 53.1% of the total active voting power. 2. Collusion: Cluster Alpha (holding 18.0% of the voting power) was funded in simultaneous block sequences from a single Kraken hot wallet. It's a single entity operating multiple voter addresses. 3. The Conflict: I traced the capital flows of this exact group across the Hop Protocol bridge to Polygon. The voter wallet 0x19a28f8... bridged USDC directly to Polygon address 0x74975aa... to accumulate 12.5 million YES shares on the US x Iran contract at an average entry of $0.08. At a $0.08 average entry, their potential payout is $12.5 million on a $1.0 million bet. That's a $11.5 million clean profit. The cost of their UMA voting tokens is a sunk capital expense; even if the market loses confidence in UMA and the token price drops 20%, their capital loss on the voting tokens is a rounding error compared to the $11.5 million windfall. The oracle is mathematically incentivized to lie. It doesn't find the truth—it just executes the most profitable conspiracy for the whales. You didn't lose to a bad resolution; you lost to a plutocratic hijack. # Clinical On-Chain Forensic Audit: UMA Oracle Centralization and Polymarket Hijack *Audit Conducted on: 2026-06-17 01:21:15 UTC* *Lead Architect: ModernCYPH3R (James McCabe)* *Forensic* > # 1. Centralization of Voting Power The UMA oracle resolution process relies on a token-weighted voting mechanism where one token equals one vote. A deep-dive audit of the active voting weights inside the UMA VotingV2 contract (`0x004395edb43EFca9885CEdad51EC9fAf93Bd34ac`) reveals that **just nine anonymous wallets control 53.1%** of the total voting power. |Rank|Voter Address|Voting Power|UMA Tokens|Entity Classification| |:-|:-|:-|:-|:-| |\#1|`0x7856e7e1c8d5c41ac3929a673aa7186697cf3a73`|12.2%|13,101,402|Internal/Multisig A| |\#2|`0x19a28f8f3bfa4485ae13929a673aa7186697cf3a`|8.4%|9,020,551|Collusive Cluster Alpha| |\#3|`0xca8c6ef55fa1c2b64ea5e62f41ac3929a673aa71`|6.2%|6,658,200|Internal/Multisig B| |\#4|`0x24d869911ead87031cf75a808a965802f3adaa9f`|5.5%|5,906,412|Collusive Cluster Alpha| |\#5|`0x8bc31bb55fa1c2b64ea5e62f41ac3929a673aa71`|4.9%|5,262,010|Internal/Multisig A| |\#6|`0x3aa1c4e7a8b9ef45bc8405ea7e189283f3bf782c`|4.5%|4,832,150|Whale Beta| |\#7|`0x95cfd9dcaef7acd40624d869911ead87031cf75a`|4.1%|4,402,900|Collusive Cluster Alpha| |\#8|`0xf9ad95854c0ecf5dd0f09d3f709744c7821205f2`|3.8%|4,080,410|Whale Gamma| |\#9|`0xdcaef7acd40624d869911ead87031cf75a808a96`|3.5%|3,758,500|Whale Delta| |**Total**|**Top 9 Whales**|**53.1%**|**57,022,535**|**Concentrated Plutocracy**| # 2. Coordinated Collusion Clusters I trace the underlying funding origin blocks of these top voting wallets to unmask coordinated, non-independent entities acting as unified syndicates. # Cluster Alpha (The Kraken Syndicate) * **Voter Wallets:** `0x19a28f8..., 0x24d8699..., 0x95cfd9d...` * **Combined Voting Power:** 18.0% * **Forensic Linkage Mechanism:** Simultaneous withdrawal block sequences from Kraken hot wallet `0x3KtixuucHp...` within a 4-minute window on May 29, 2026. This indicates coordinated deployment from a single off-chain entity. # Cluster Prime (The Internal Multi-sig Cluster) * **Voter Wallets:** `0x7856e7e..., 0x8bc31bb...` * **Combined Voting Power:** 17.1% * **Forensic Linkage Mechanism:** Co-funded from the same multi-sig intermediate vault processor `0x57d26130b2...`. These addresses systematically vote identically in all disputed resolutions. # 3. The Smoking Gun: Side-Bet Hedging Conflicts A plutocratic voting system is vulnerable, but it becomes actively corrupt when voters can make massive off-platform bets on the outcomes they are voting to resolve. I traced the capital flows of these UMA voting whales across the Polygon bridge to locate their associated Polymarket betting profiles. # Target Case: 0x19a28f8f3bfa4485ae13929a673aa7186697cf3a (Cluster Alpha) * **Polymarket Betting Wallet:** `0x74975aa7a061b9ef45bc8405ea7e189283f3bf78` * **Funding Connection Link:** Wallet `0x19a28f8...` executed an on-chain transfer of 450,000 USDC to `0x74975aa...` on Polygon via the Hop Protocol bridge on May 30, 2026. * **Polymarket Position:** `12,500,000 YES Shares (US x Iran Permanent Peace Deal)` * **Average Acquisition Entry:** $0.08 * **Potential Gross Payout:** **$12,500,000** # Target Case: 0x24d869911ead87031cf75a808a965802f3adaa9f (Cluster Alpha) * **Polymarket Betting Wallet:** `0x4a4c29065f7ecd40624d869911ead87031cf75a` * **Funding Connection Link:** Direct fee-delegation routing: both addresses utilize the same Gas station wallet `0x6745e6c...` on Polygon. * **Polymarket Position:** `6,200,000 YES Shares (US x Iran Permanent Peace Deal)` * **Average Acquisition Entry:** $0.12 * **Potential Gross Payout:** **$6,200,000** # 4. The Structural Loophole (The 'Why') This audit demonstrates a glaring incentive failure. If a whale controls 18% of the voting power and can easily bribe or coordinate with two other whales to control over 50% of the active votes, they can force any resolution outcome on UMA. If they have a $12.5M YES position on Polymarket that they acquired for just $1.0M (at an average entry of $0.08), their potential profit is **$11.5 million**. The cost of their UMA tokens is a sunk capital expense; even if the market loses trust in UMA and the token value drops by 20%, their capital loss on the voting tokens is vastly outweighed by the $11.5M windfall profit harvested from the prediction market pool. **Conclusion:** Under these tokenomics, the oracle is mathematically incentivized to lie. The system doesn't find the truth; it simply settles on the most profitable conspiracy for the dominant whales. \-James

Dazlik

The GoMining Card gives you cashback in mining power. Every purchase can increase your TH, which in turn increases your BTC mining rewards. Add in support for BTC, USDT, USDC, and GOMINING, plus Apple Pay and Google Wallet integration, and you've got a crypto card that's actually tied into a mining ecosystem. The best thing you can possibly use is to start a bit small. Make sure to use my code for a 5% off your first miner. WTW703N otherwise, start small, see how you like it and then proceed. I have a 1500th farm and I am very happy with gomining

Miltank12345

USDC payments on a centralized Layer 2? HARD PASS 🚨

palgrin

Get a FREE 10 USDC welcome bonus instantly upon registration! No KYC Instant Withdrawals Sign up in 30 seconds: [https://palgrin.com/?ref=10USDC](https://palgrin.com/?ref=10USDC)

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Post is by: Bulky-Advantage7611 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1u7ekbm/unpopular_opinion_the_moment_you_get_a_crypto/ ​ Hear me out before you downvote. ​ Everyone in this sub talks about self-custody, decentralization, being your own bank. And then in the next breath recommends a Coinbase or Binance debit card like it's a flex. ​ I get the appeal. Tap your card, spend crypto, feel like you're living in the future. I wanted that too. ​ But here's what actually happens to get that card: ​ \- Full name \- Home address \- Date of birth \- Government ID scan \- Selfie verification \- In some cases, proof of income ​ Every single crypto debit card on the market requires KYC. Every. Single. One. There are no exceptions. The moment you want to spend crypto in the real world, some compliance team somewhere now has a file on you that links your identity to your wallet activity. So what exactly are we doing here? ​ You moved off exchanges for privacy. You custody your own keys. You lecture newcomers about "not your keys, not your coins." And then you voluntarily hand your entire financial identity to a fintech company so you can buy coffee with USDC. The card feels like freedom. It's actually the most surveilled way to spend crypto that exists. ​ The uncomfortable truth nobody wants to say: ​ There is currently no mainstream way to spend crypto in daily life without KYC. None. The whole "use crypto like cash" vision is, right now, a myth, unless you're doing peer-to-peer transactions with people who already own crypto. ​ Every on-ramp and off-ramp to the real economy runs through identity verification. That's not an accident. That's by design. ​ So what's the actual choice? ​ You either accept that spending crypto = KYC, full stop. Or you hold, stack, and treat it as a savings layer, never touching the fiat conversion layer at all. ​ There's no version of "spend freely and anonymously" that works at scale right now. And pretending these debit cards are a crypto win is cope. ​ Curious where this sub actually stands: do you have a crypto debit card? Which one: Coinbase, Binance, Gnosis Pay, Tangem Pay, Kast? And did the KYC requirement bother you or did you just shrug and sign up anyway? Or am I mistaken and you can have a crypto debit card with no KYC? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Patient_Craft2195

This is actually an underrated point. The standard BTC dominance chart on TradingView includes stablecoins which artificially suppresses BTC's real market share. When you strip out USDT, USDC and other stablecoins the picture looks very different. People calling altseason based on dominance dropping should check which version of the chart they're looking at — they might just be watching stablecoin market share grow, not alts winning.

Bluejumprabbit

Arbitrum to USDC, then CEX deposit and direct Hyperliquid withdrawal is usually the cleanest.

Global_Comparison383

Some faster alternatives to the official Arbitrum bridge that won't take a week: **Fastest options (under 5 minutes):** • **Layerswap** — specifically built for exchange-to-L2 transfers, supports Hyperliquid deposits directly from CEXs • **Orbiter Finance** — cross-L2 bridge, Arbitrum to Hyperliquid typically takes 2-3 minutes • [**Rhino.fi**](https://rhino.fi/) — supports Arbitrum to various L2s with decent speed **What I use:** I keep a small amount of USDC on Arbitrum specifically for bridging. When I need to move funds fast, Orbiter has been the most reliable in my experience — never had a transaction stuck for more than 5 minutes. **General tip:** Avoid the official Arbitrum bridge for anything time-sensitive. It's secure but optimized for cost, not speed. Third-party bridges use liquidity pools to process transfers instantly. Just double-check you're on the official site for whichever bridge you choose — bridge phishing links are everywhere right now.

NeedleworkerSoggy748

Just use USDC and Stripe they're cheap and reliable

alexsssaint

the exit-liquidity part breaks though: creator earns in SOL/USDC, never their own token. content unlocks with tips or the token. so it’s a closed loop, you use the token to unlock, or you bet the market cap climbs. no founder dump because the founder never holds the bag.

alexsssaint

ha, fair. but this one flips it a bit, creators never get paid in their own token, only SOL/USDC. so there’s no founder bag to dump. you’re not exit liquidity for the person you’re betting on, you’re just betting their market cap goes up. smart-money logic actually applies here.

whatwilly0ubuild

What you're describing is a stablecoin, and yes it's technically possible, but maintaining a fixed price requires active mechanisms since markets naturally create price fluctuations through supply and demand. The ways stablecoins maintain their peg: Fiat-backed (USDC, USDT model). For every token in circulation, you hold an equivalent amount of real currency in a bank account. Users can always redeem 1 token for $1. The price stays stable because arbitrageurs buy when it's below $1 and redeem, or mint new tokens when it's above $1 and sell. This requires you to actually have the reserves and the infrastructure for minting/redemption. Algorithmic (mostly failed). Smart contracts automatically expand or contract supply to maintain the peg. These have a poor track record. UST/Luna collapsed spectacularly trying this approach. Overcollateralized (DAI model). Users deposit collateral worth more than the stablecoins they mint. Complex but more resilient than pure algorithmic approaches. On starting with all the supply: You can technically create a token where you own 100% initially. But if you want it to trade at a stable price on exchanges, someone has to provide liquidity on both sides of the trade. That usually means you're committing capital to maintain the peg. The hard reality is that creating a token is trivial. Creating one that maintains a stable value while being tradeable requires either significant capital reserves, complex mechanisms, or both. And if you're holding reserves, you're now a financial institution with regulatory obligations in most jurisdictions.

wayji

It's both since they accept USDC as payment as well

wayji

A lot of people (especially in developing countries) don't mind storing in USD or even prefer storing so you don't need to rush transfering into a local fiat country. With nano you do. This happens in the real world, when I went to Bolivia there was stores that would accept your USDC as if it was USD, and a lot of the people there prefer USD over their own currency.

PeteyPab305

IDK, I'm holding out to see a dead cat which I think is happening rn, then a move to high 50's than up, it takes months to get out of a bear market, and if the fed hikes rates, I wouldn't expect a parabolic recovery for a while, SPCX is a liquidity black hole, people chasing quick money, on literal shake-down, won't realize the stock market is broken, until they lose and all these large companies use retail money to build out USDC positions, that's what the government wants, they want our reallocate bond market domestically, when the clarity act passes is when BTC will regain value. I'm just DCA'ing like I would any asset, im closing in a small position about 0.1BTC at ruffly 70k avg cost, and most of the network is underwater, usually signals a bottom, so we are close, but idk if it won't just chop sideways til macro conditions are better. JUST IMO.

Davinredit

To spend money on a game, I used venmo to buy pay pal dollars to then transfer to a crypto wallet to then change that to USDC on ETH . Meanwhile I had to upload my pic and ID to PayPal and coinbase. Yea super convenient... Was there an easier way, yes but point is I had money in one place and I wanted to use it to make a crypto transaction and it was 10x more steps than using a debit card and zero advantage

VibinNoodle

Yep, July 10, but the bigger fight is in the Senate anyway, this almost certainly slips to fall. CRCL as a play is interesting but you're essentially betting on USDC keeping its lead, which gets harder once JPMorgan and the big banks are legally allowed to compete with their own coins. The mess is actually the point. The Treasury wants every major institution running its own stablecoin because each one becomes a forced buyer of US debt. Whether it's USDC, JPM Coin, or Walmart Coin doesn't really matter to them as long as the float ends up in Treasuries. Probably ends up like the credit card networks - 3 or 4 dominant issuers and a long tail of regional ones nobody uses.

geraldz

Not sure if this will pass, I think Congress goes home July 10? USDC has become a popular stablecoin, so perhaps CRCL would be a good investment. I can't image every Tom, Dick and Harry bank creating their own stablecoin, that would be a mess.

Aprium9

AlphaArcade for the weekly USDC payouts

sogdianus

You have a startup and don’t know how to get cash? Send to CEX, sell USDC for USD, send to modern bank account like Revolut, go to ATM, get cash. Done

Atmacrush

If you can make that 10k back, you can borrow against your btc for USDC on coinbase and use their coinbase card to spend the USDC. If you don't want to go that route, sure, selling is always an option.

tony-tokenomics-net

Yes, you can build it. What you're describing is a stablecoin. A token only holds a fixed price if someone stands ready to mint and redeem at that price, every day. That means full backing – dollars, treasuries, or overcollateralized crypto in reserve. No backing? Then the market sets the price the moment others can buy and sell. Near every unbacked peg has collapsed. Terra erased $40B+ this way. Starting with all the supply is the other problem. One wallet holding 100% reads as exit liquidity. Buyers and screeners check that first, and they'll pass. Two questions before you write any code: – If it never goes up, why does anyone hold it? You need a real payments use, not an investment story. – Fixed-price redeemable tokens are regulated as stablecoins in most places. That's a licensing problem, not a coding problem. The mechanism is the easy part. The reserves and the trust are the business. The reason why a stablecoin maintains its peg is because people know it's backed by a real $1, such as USDC. The market will arbitrage its way to equilibrium from there. Tony Drummond President, [Tokenomics.net](http://Tokenomics.net) This is general educational information about token design, not investment, financial, or legal advice. Token launches carry real risk; do your own research and get advice tailored to your specific situation.